FurryBabies spending diary! 28 September 2011 at 8:03PM in Debt free diaries 2 replies 406 views

FurryBabies

Hi Everyone,

I have recently worked out that I have £38,000 of debt..... :eek:

I have never been a person who has owned a credit card, let alone had a loan until recently, so annoyed at myself for not sticking to my principles :mad:

I need to cut down my monthly spending to an absoloute minimum so I can pay off my debts as quickly as possible. I aim to be debt free by December 2015, and book an amazing holiday for Christmas 2016 with the money I will save in that first debt free year!

It's a bit depressing writing this down as it has made me realise that it will be a very long and hard 4 years coming up, but hopefully with this diary and your support I will keep going.

:T

BEAT_THE_DEBT

Hi and welcome loads of advice and support to be found on theese boards. Tell as more if you want and do an soa (someone clever will link it for you) . I have similar debt i to am annoyed i fell prey to cc's x

FurryBabies

Thanks beatthedebt! It's good to know people in the same boat

I've just done a snowball and it's told me 55 months to pay it all off, but i'm determined to knock that down to 48! I know i can do it with a little perseverance....but it will be hard as i'm used to just spend spend spend which is so silly of me

Here's what I owe to where:

11,000 - Student loan
10,000 - Loan
9000 - Car
4500 - CC
3500 - CC

Eeeeek :embarasse